i went down to the liberal party.s on a street corner in new york and some woman thought this was really cute, this little boy handing out leaflets and she asked me why and i made the case for john lindsay and got an early start of my political consulting career and made the case against his opponent as well. she said that as of june and she gave me a box of what looked to be pastry, a white box with a string. i took a back to the liberal party headquarters and we opened it up and there was all these donuts and take what of $10 bills. one of my early lessons in politics, the district leader grab the money and said you can keep the donuts. >> tonight at 8:00, david axelrod on his life in journalism and politics. that is followed at 9:30 by all five of new hampshire is all women delegation. then growing up in the white house. that is tonight on c-span. >> president obama and the first family participated in the 90th annual christmas tree lighting ceremony earlier this month. the tradition of a national christmas tree st

learned glass and out the door and they're looking to restart their reactor so this is the liberal democratic party is the word liberal as in the european meaning more like milton friedman kind of. libertarian liberal is that what there this is this is actually what we would call the republican party or politically conservative they're economically conservative and when it comes to nuclear power they are the ones who sat this collusion in place beginning in the one nine hundred sixty s. and so could this be that they're there they're doing this because they've always taken money from the nuclear industry i mean worst was tepco illness tokyo electric power company by a few months after the catastrophe began in march of two thousand and eleven was on the brink of bankruptcy so the japanese government had to step in and take it over for the most part so incredibly top guy was still in charge of the fukushima daiichi site in charge of trying to keep the melted down cores cool so that the worst doesn't happen trying to keep the pools from collapsing and catching on fire and what's the status of all that

it was a small party that started as a liberal party. step after step, they took the power. for real political forms, we need political blocs, and i hope to see it the next knesset this new reality, presidential elections, four or five big parties. >> first of all, thank you again for joining us. i do not think if you ran research in the streets of tel aviv or washington you would find a lot of people who know who rousseau and voltaire are. if we want to wait until the palestinians know who they are, it is going to be a while. so let's put that aside for a second. the $10,000bout gdp. i think it is a lofty idea and a very good idea. let's assume that today the palestinians have $10,000 gdp. then what? >> again, in a moment, it is very easy to incite violence, to recruit terrorists when people are in a poor situation, a bad situation. today, with unemployment about 20% -- >> but he is giving you a hypothetical. >> i think is something we can achieve, $10,000. after this moment, the people will be ready because they have more to lose. today, many terrorists understand this is a

what does their showing have to do with the liberal party's victory? >> if they had cooperated with each other, they could have been a strong alternative to the established parties. at one point they tried to forge a coalition, but they failed to overcome their differences. as a result, it forced candidates to go against each other. they gave they're established parties, especially the established ldp, more chances to win. >> so the ldp together with its partner komeito has won two-thirds majority of the seats. what does that mean? >> it will give the government a greater chance to implement their processes. they still don't have a majority in the upper house, so members of the upper house will be able to reject certain bills. but with two-thirds majority in the lower house, the leader democrats, with the help of komeito, can override those objections. this may break the deadlock that has plagued administrations for years. but still, sofor example, he was to revidesign the constitution d he wants to upgrade it to a national defense force. that would req

he house primarily rejected everything that comprises pakistan, of the constitution, a liberal parties. he does not want to lay down arms and still he has offered to dock with pakistan. this basically means he wants the state of pakistan to submit to his wishes. obviously, the state of pakistan will not do that. the demands the is placing are unacceptable and if we accepted them, that would mean submission of the state to a very small militant group. >> video footage has emerged of the moment the russian airliner crash landed onto a highway outside of moscow. an investigation left four people dead. what's the impact was so strong, it's but the plane into three pieces. the overshot the main runway at the airport and came down on a highway. the cockpit ended up on the road with other parts of the plane spread across the perimeter. it was operated by russian airline. it is not yet known what caused the crash. >> the plane touched down within the landing zone but it was on late -- unable to stop within the landing strip and it crashed within the main dispatching. and continue to move outsi

a liberal democratic party government introduced the tax in 1989 of 3%. low compared to other developed countries. still then as now voters cried out. the liberal democratic government raised the sales tax to 5% in 1997. and it went down to defeat in the upper house election the following year. no surprise that successive prime ministers avoid any talk of increasing the tax. but they couldn't avoid the increasing cost of social security. japan spent more than $1.2 trillion on it in fiscal 2010, up 3.6%. but revenue from social insurance premiums stayed the same and fewer young people are paying into the system. this past august noda convinced the main opposition liberal democratic party and its partner to back another tax hike. >> translator: i will stake my life and political career on passing this bill. >> reporter: lawmakers did approving bills that would double the consumption tax by 2015. still, many were opposed. opposition members sure but also many within the ruling party. more than 50 of them bolted, saying voters would not agree to the hike. in a

i went down to the liberal party. [laughter] i was handing out leaflets on a street corner in new york. and a woman thought this was really cute, this little boy handing out leaflets. she asked me why, and i made the case for lindsey. got an early start on my political consulting career. i made the case against his opponent as well. [laughter] she said, "that's so cute." she said, "this is for you." she hands me a box of what looked to be pastries, a white box with string. i took it back to the liberal party headquarters. we opened it up. there was all these doughnuts and a lot of $10 bills. so in one of my early lessons in politics, the district leader grabbed the money and said, "you can keep the doughnuts." [laughter] >> tonight at 8:00, obama campaign strategist david axelrod on his life in journalism and politics. that is followed at 9:30 with all five of new hampshire's first all-women delegation. and at 10:45, growing up in the white house with susan ford bales and lynda johnson robb, tonight on c-span. >> "was

is -- >> our partners, the liberal party have fallen a lot in the polls and some of the protests have gone to labour. but when you fleb a bit and you ask who do you trust on the economy they say the conservatives. when you who they prefer as a party leader they prefer the prime minister to be. they prefer david cameron over the labour leader. so i think we've got strength there and i don't think we can be complacent. we have to go out and try hard for it. i think in the end my opponent-- this is is going to -- my opponents say we're sorry, we've spent and borrowed too much, we won't do it again. if they say those things they're in better shape than they are today to win the election. >> rose: do you think about being prime minister? >> no. >> rose: how can you not? you're a young man, you've run a successful campaign. you're the chancellor of the exchequer. you sat in parliament. wouldn't you someday say "i could be prime minister"? >> you know, i don't think that. what i think is here is -- i've got to get this job right, i've got to give this job my all. this job is important e

for the time being, are cheering the bold monetary easing measures put guard by the democratic liberal party leader. however, some say measures by the central bank may not be enough to pull japan out of its prolonged deflation. there are also concerns that price hikes without wage increases could dampen consumer spending and that could eventually pull down the country's economy. gee the global campaign to end polio have become targets of deadly violence. patchari raksawong at our bureau in bangkok has details. >> gunmen killed 12 members of the anti-polio campaigns in a string of attacks this week. the world health organization is temporarily suspending vaccination drives across the country. international organizations are condemn the violence and the disruption to efforts to eradicate the disease. on wednesday, a female health worker and her driver were shot dead in charsadda in northwest pakistan n nearby peshawar, a team member was killed. the it comes after five anti-polio workers were killed in karachi on monday and tues y tuesday. >> translator: i don't know what i should do. my mind i

his liberal democratic party clinched a landslide victory last sunday in a general election. abe has agreed to start policy discussion with members of the ldp's long-time partner new komeito as they work to form a coalition government. abe met in tokyo with the new komeito leader. he wants to establish a stable coalition. he said the parties should start specific policy talks and reach an aagreement before an extraordinary session of the diet. law enforcements gather on december 26th to vote for the next prime minister, a vote abe is certain to win. abe and yamaguchi agreed their budget should have a budget for this fiscal year as soon as possible to boost japan's economy. >> translator: considering the challenges japan faces in such areas as the economy and national security, we can't wait until the diet session to start working on launching the new administration. >> the policy chiefs of the ldp and new komeito will now start fauki talking. they will formalize their agreement ahead of the diet session. >> abe made a move on the economic front. he met with the bank of japan

i took it back to the liberal party headquarters and we opened it up and there was all of these doughnuts and a lot of 10 dollar bills. so in one of my early lessons in politics the district leader grabbed the money and said you can keep the doughnut. >> tuesday night at 8:00 david axelrod on his life in journalism and politics followed at 9:30 with all five of new hampshire's first all-women delegation. at 10:45, growing up in the white house with two women. that is tuesday evening on c-span. >> as president obama begins his second term in office what is the most important issue to consider in 2013? tell us. make a shord video about your message to the president. it is c-span's student video competition with the chance to win a grand prize of $5,000 and $50,000 in total prizes. go to studentcam.org. >> winston spendser churchill, defender of the realm. 1940 to 1965. host: paul reid, co-author with william manchester of the last lion, the third of a trilogy, if you could have dinner with winston chump -- churchill and ask him a series of questions what would they be? >> he didn't like str

shinzo abe starts mapping out japan's future a day after his liberal democratic party had a landslide election victory. i'm keikichi hanada. hello and welcome to nhk "newsline." >>> the people in japan are getting used to a new political reality. the liberal democrats are coming back to power after trouncing the democratic party in a lower house election. the man who was once prime minister, shinzo abe, is set to take his old job back. >> translator: our party's victory doesn't mean voters are putting 100% trust back in the ldp. people wanted to end three-year political confusion and stagnation brought about by the democrats. our mission is to tackle the critical situation japan faces. we need to speed up the reconstruction from last year's disaster. on the economy, we have to beat deflation, curb the strong yen and create jobs. on diplomacy and national security, we will rebuild the japan/u.s. alliance and then improve relations with other countries and protect our land and waters. >> abe and the liberal democrats spent three years in opposition as the democratic party ran the countr

challenge the previous democrat led government plan to scrap the use of nuclear power but i've been liberal party is preparing to reverse that decision. well back to our breaking news story now that a passenger plane has crashed landed on one of moscow's main highways police say six crew members were on board when the plane attempted to land at the airport unconfirmed reports say it's a red wings' plane coming from the czech republic well. what can you tell us well judging by the only picture we have so far which was posted on twitter by some of the eyewitnesses it's definitely is a red wing spline should be a tuple of two two or four that we haven't confirmed by the department of transportation from the interior ministry that the plane landed coming from the czech republic at the airport at the runway and then for some reason just rolled onto the highway which was just next to the airport so this picture we've seen it basically shows just one part of the plane unconfirmed reports say that the plane went into flames and that there were eight people on board including four members of the crew and

the liberal parties didn't actually join until when the brotherhood did, and the liberal parties weren't very well respected anyway. so i think in that sense some of the people we're talking about here have equal claims to legitimacy. the brotherhood did join the protest fairly early on on january 28th. >> okay, thanks. a bunch of questions up here in the front, adriana. why don't we start with gary mitchell? >> thanks very much.i'm gary mitchell and i write "the mitchell report." >> i'm not sure people can hear you, gary. adriana, do you want to check the mic? there we go. >> anyway, i want to interrupt this graduate school seminar on the egyptian governance and ask a question. and that is can you give us at some point in this discussion a kind of overview, a civics 10overview of what kind of government is it that has been created? how is it like the united states and how is it different from the united states? just some sense of what this animal looks like and what some of its powers are. >> khaled, do you want to take that on? >> well, it's like the united states in that the parliamen

challenge the previous democrat government plan to scrap the use of nuclear power but i bet is liberal party is preparing to reverse that decision. well it's been a turbulent year for russian politics with putin's come back to the kremlin met with opposition rallies last pussy riots infamous cathedral performance protest and the court case that followed split russian society well here's how some of the r.t.e. staff who covered it all in twenty twelve remember what happened. presidential election twenty three cameras up on this roof correspondents throughout moscow and i mean you come across lines throughout the night was a great night was. the real color was right behind us was in it but but so one point when putin came out to show me like crowds way past the doom of the thousands and thousands of people will celebrating his victory one of the main points the unprecedented protests that took place up to that election work and protest rallies that never really feels like we're actually taking part in the event it was during one of the massive protest rallies in moscow square that it really hi

. >> besides the democratic party and the liberal democratic party candidates from the following parties are also running in the general election. that does wrap it up in business for this hour. we are seeing the nikkei trading positively. i'll leave you with a check on markets. >>> most spoken ahead of the award ceremony. he referred to the control of the publications by chinese authorities. he says he does not support sensorship but says it exists in every country and is sometimes necessary to stop rumors and defamation. reporters asked whether he intends to call on the chinese government to release the writer who remains in prison. he said he hope lu would be freed as soon as possible. >>> as the governments of japan and china over the islands, some japanese were caught in the middle. we have one man's story. >> reporter: people in the city mark the 40th anniversary of normalizing diplomatic ties between japan and china. he remained in the city where he lived for 50 years. a china couple adopted and raised the japanese youngster. as an adult he worked for a railway company and eventua

but i think at the end of the day the major liberal parties are going to participate. i think in some sense the results that we saw yesterday, 56% yes, should actually embolden the liberal opposition. the prediction at least from the islamist side were significantly higher, so they're seeing this as a low margin, and they're concerned about that. um, so with that in mind, if they can get 44%, that shows that they're able to translate some of the mass protests we saw last week into some electoral mobilization. now, i think it's easier to get people to vote no, one word, than to decide to vote for witch liberal party or which leftist party. because we have to remember the opposition itself is very divided. and the three leaders of the opposition right now are people who have very little in common. we have, um, a neo-- [inaudible] socialist, we have one who doesn't really have an ideology, but we can maybe call him -- [inaudible] then we have mohamed elbaradei who is a liberal's liberal. they don't agree on a lot except their opposition to the muslim brotherhood. so i'm sk

many party members are still reluctant. the main opposition, liberal democratic party is just as cautious. analysts point out that farmers have been long time lbp supporters but the leader isn't turning his back on the business community. he has said he's confident a government led by his party would be able to negotiate with the u.s. and other tpp nations on exceptions for eliminating tariffs on certain products. so voters in japan are left with more questions than answers about when or whether their country will take part in the tpp negotiations. the debate over the merits or demerits of joining this massive pact will likely continue long after the general election is over. nhk world, tokyo. >>> our coverage leading up to sunday's general election will continue. we'll focus friday on foreign policy. the next japanese government will have to navigate some choppy waters. we'll take a look at the challenges leaders must face. >>> "nhk world" special coverage, japan's general election is just a click or tap away. starting december 10th, we'll be adding a

and the conservative liberal democratic party has been returned to power in japan.he party has secured a 2/3 majority in the lower house. hundreds of protesters have been blocked from staging a rally outside kuwait's parliament. politicians have been groot -- coleen their first sessions -- politicians have been holding their first sessions. >> the first set of reforms start with the meeting to analyze and look at reasons so that reforms can be dealt with in a better way. the parliament has the responsibility of planning and preparing a program that can be put into practice. >> in syria, gun battles have been reported in a refugee camp in damascus, home to thousands of palestinian refugees. these pictures show some of the fighting. some palestinians short president assad. others have joint -- some palestinian support president assad. others have joined the opposition groups. the price of food in sudan has tripled in recent months. the country's labor union has warned the government that it should not increase the price of basic commodities like bread and sugar in nex

early in the century he had switched from the conservative party to the liberal party and as he said later i ratted which is their way i saying they switched parties and then reratted and came back to the torries who never trusted him through the '20s and '30s. >> sean: he warned of the days of naziism in its time. he was trying to get the united states to take a moral stand and we got an isolationist movement in the country at the time and didn't want u.s. involvement and then comes pearl harbor. >> we are looking at 18 months where he was cajoling roosevelt and begging, he said i must ask you, mr. president, now is the time, i'm paraphrasing. he roosevelt to declare war and begged for 50 destroyers. >> sean: and roosevelt wanted to get in but was fighting a lot of pressure at home. >> the isolationists, the republican party for the most part, mccormick's newspaper in chicago, after world war i and since george, washington, left office saying no foreign anteinglements did not want any alliance. >> sean: so pearl harbor happens, churchill makes the trip ayos the pond. tell us about th

is likely to take over from the ruling democratic party the liberals leader has called for a tougherstance in the dispute with china of islands in the east china sea and him also reverse the trend to move away from nuclear power after the fukushima disaster and he believes is the only way to leave the country as an interim. right christmas is a time when shops hope to do some brisk business but i'll choose resident else new yorkers if the festive spirit is turning into a shopaholic addiction. why have the holidays become such hellish days this week and let's talk about that it's a commercial thing now everyone just want to spend money it's not about what it really should be about how did that happen is that the media telling us to buy buy buy a absolutely it's everyone with their sales and absolutely i live on what people buy you know and i'm an independent sales rep so i depend on it so you're happy with this christmas i'm happy this christmas i sell luxury goods as long as people keep buying into i have a holiday that's it a way to stop that would be to go back to church to read th

i went to the liberal party headquarters. was handing out leaflets on the street corner in the new york. someone thought it was really cute, a little boy handed out leaflets, and she ask me why, and then made the case and the case against the opponent as well, and she said this was for you, and she handed me a box that looked like pastries, the white box with strings. i took it back to the liberal party headquarters, and there were all these doughnuts and a wad of $10 bills. in one of my early lessons in politics, the district leader grabbed the money and he said you can keep the doughnuts. [laughter] >> tonight, david axelrod on his life in politics, then new hampshire and the all women delegation, and growing up in the white house. tonight, on c-span. >> columnist george will spoke recently at washington university in saint louis about the role of religion and politics. it was hosted by the center on religion and politics will hear from former senator john danfor th, just before mr. we will speaks. >> finally, it is my hono

liberal democratic party leader wants to pull japan's economy out of deflation once the new administration is in place. he's asking the boj to sign a policy accord with the incoming coming to make the target 2%. the rate remains at around 0%. it averaged at the lower 1% range during the bubble era in the late 1980s. some boj officials insist they should study the inflation impact on people's lives if it should double. others agree it might make it difficult to steer monetary measures in strview of economic conditions. the bank of japan plans to exam how its inflation target should be sent and when it shoultd be reached. let's g let's get a check on markets. the nikkei rose to an eight and a half month high. it's trading at 10,098. investors are placing bets on a wide range of stocks as the yen weaks. let's take a look at the dollar yen. that's changing hands at 84.26 to 28. that's after the gdp final estimate came in better than what many analysts had expected. the euro is also higher. that's changing hands at 111. let's take a look at other markets open. south korea's kospi down bay third

two parties, the democratic party of japan and the liberal democratic party, have dominated japanese politics for years. their leaders started off in a place that has been the subject of countless debates. >> translator: this election is about reviving japan, so i wanted to start my campaign here in fukushima. i want to make a new start for japan in the belief that there will be no revival for japan without the recovery of fukushima. this election is about whether we can move forward with what we have to do or turn back the clock and return to the politics of old. >> translator: i will bring the economy out of deflation, correct the high yen, lead economic growth, enrich people's lives, and recover an economy where young people don't have to worry about finding jobs. i'll strengthen social security and will promote the reconstruction of the disaster-hit northeast. we'll aim to take back power by winning a majority along with the new komeito party. >> candidates from the following parties are also running -- tomorrow party, new komeito, restoration party, japanese communist party, you

many party members are still reluctant. the main opposition liberal democratic party is just as cautious. analysts point out that farmers have been long-time ldp supporters, but the ldp leader, a abe, isn't turning his back on the business community. he has said a government led by his party would be able to negotiate with the u.s. and other tpp nations on exceptions for eliminating tariffs on certain products. so voters in japan are left with more questions than answers about when or whether their country will take part in the tpp negotiations. the debate over the merits or merits of joining this pact will likely continue long after the general election is over. nhk world, tokyo. >>> nhk world's special coverage of japan's general election is a click or tap away. starting december 10th we'll add a host of features to the web and mobile sites. you'll find background and analysis and in depth reports on issues that define the campaign from the economy and energy policy to disaster recovery and more. get online and get nfd. ww www.nhk.or.jp/nhkword. >>>

. >> it's outrageous, disgusting, it's the default setting for far too many within the liberal party.ne said there's republicans and democrats and the corrupt party and certainly this practice of racial de demagogery is awful. they don't even compete for votes, and in the battle of ideas within communities of color. latino, african-american, asian american communities. when you have these communities written off by one political party, then you can have another political party play these type of racial games. very quickly -- go ahead. >> sean: did you read what niger is saying? you're saying the african-american community is written off by republicans. do you agree with that, michael? >> no. >> sean: i don't, either. >> i have to respond to melissa harris perry and her notion that just because she says shooting is racially motivated, therefore black boys and black men are in danger does not make it a racially-motivated shooting. just because she says that. now, it's very, very important to know that we have to have voices like barbara jordan, the former congresswoman are 23r frs is my

i went down to the liberal party headquarters and was handing out leaflets on the street corner in new york. some women thought this was really cute, this little boy and leaflets. and she asked me why. and i made the case and got in early start in my political career. she said this is for you and she hands this box of pastries. i took a back to the liberal headquarters and we opened it up and there were all of these doughnuts and a lot of $10 bills. one of my early lessons in politics -- the district leader grabbed the money and said you can keep the doughnuts. [laughter] >> you and the friend sold bumper stickers for robert kennedy. >> yes. >> and buttons and other things. >> for those of us who lived through it and remember, that was a time of great turmoil, but also of the idealism. when senator obama was thinking of running for president, we had a long talk about it. i said to him, you're too young to remember that, but we really have not had a campaign that really energize people in that way. especially young people. we ought to try to build the kind of campaign. i am proud that w

. >> a cabinet of new faces from his liberal democratic party. they will have to win over a public weary of revolving door politics and convinces people that the best of times is still ahead. >> toyoda agrees to pay more than $1 billion to settle legal claims. the problems were found in many hybrid models that covers direct payout to customers and will go towards installing a break overrides system in 3 million cars. former car owners sold vehicles below the value because of bad publicity. the deal still needs to be approved by california federal judge. i am joined by the adult professor of economics at nyu, could have you with us. it is potentially one of the biggest settlement in history in the u.s.. if a sign of how serious this case is. >> is certainly is a large amount. nobody is for defective vehicles, but i think it is a bit punitive and excessive. the larger issue is that we want to be able to encourage cross- border trade, foreign and direct investments, and private enterprise. when companies find out they have to pay excess of amounts f

his liberal democratic party clinched a landslide

. >> reporter: the leader of the opposition liberal democratic party, abe, has criticized the no nuclear policy as irresponsible. some politicians clearly don't agree. they formed a new party focused on the nuclear-free option. this is the first time nuclear power is a main point of debate. the issue has prompted a political re-alignment and it's prompted voters to realign their thinking about the role of nuclear energy. nhk world, tokyo. >> our coverage leading up to sunday's general election will continue all this week. our focus on wednesday is the biggest job's gentlems japan's t generation are face, rebuilding the northeast after last year's disaster. >>> nhk world's special coverage of japan's general election is a click or tap away. on december 10th we add a host of features on our web and mobile sites. you'll find backgrounds and analysis plus in depth reports on the issues that could define the campaign to disaster recovery and foreign affairs and more. get online and get informed. >>> chinese authorities are going all out to promote the art and culture worldwide. there's a snag

i went down to the liberal party. i was handing out leaflets on a street corner in new york. and a woman thought it was acucute. she asked me why and i made an early case for lindsey and i made the case against his opponent. she handed me a box of pastry. i took a back to headquarters. there were all these doughnuts and a lot of $10 bills. one of my early lessons in politics and i was told you can keep the money. >> david axelrod on his life in journalism and politics. fall by the all women delegation of new hampshire. then growing up in the white house. tonight on c-span. >> there was a forum on women in leadership. hilda solis spoke about her career and serving in the obama administration. >> good morning. they come from los angeles and cleveland and baltimore. poor and white. each of them have one thing in common. they are all successful. each rose to the top of their field in the arts or politics or sports. we will talk to them about how they did, what kind of advice they have for younger people. we have one of the country's most respected tv journalist, an opera star, th

a ticket back to the liberal party headquarters -- i took it back to the liberal party headquarters. there were a lot of doughnuts. one of my early lessons in politics. >> david axelrod, on his life in journalism and politics. at 10:45, a growing up in the white house with susan ford

but the former ruling liberal democrats say the party hasn't delivered. and so japan decides this sunday who should form the next government. voters will be picking lawmakers for the lower house of the diet also known as the house of representatives. these 12 groups met the criteria to be called a political party in this election. they include long-established parties and several new ones that were just founded. a number of other groups failed to meet the standards but are still fielding candidates. >>> whoever runs the next administration will take up a host of challenges. japanese officials have been arguing with their counterparts in china and taiwan over islands in the east china sea. it's just one of a number of pressing concerns on the foreign policy front. nhk world brings us up to speed. >> reporter: chinese hit the streets in force in september, furious about their neighbors. they protested outside the japanese embassy, boycotted japanese goods, struck out at anything japanese. the root of their anger, the nationalization of islands in the east c

. ♪ ♪ >>> japan's liberal democratic party leader shinzo abe will form his new government today.is party to a landslide victory in the recent general election. a special diet session will be convened on wednesday afternoon to choose the successor to outgoing prime minister yoshihiko noda. abe will be elected prime minister by voting in the upper and lower houses. he will be the first japanese prime minister in 64 years to be given a second chance. abe was prime minister for one year until he resigned in september 2007. abe plans to immediately start forming his cabinet. he'll hold a news conference in the evening to lay out his government's visions. the new government is not short on challenges. one urgent task is restoring the country's economy. japan's debt is projected to reach $12.8 trillion by next march. the ratio to the country's gross domestic product is 226%, the worst among developed nations. abe has pledged to halve the fiscal deficit by march 2016. the new government intends to finance its spending without borrowing by fiscal 2020. they hope to achieve the goal by cut

some members of the ruling liberal democratic party have voiced opposition to japan's participation in the tpp talks. about 100 members opposing the tpp held a meeting on friday. they said japan's participation could hurt agriculture and health care and insurance. leader of the group said the party should keep its election pledge that it will not accept an accord that would require partners to lift import tariffs without exception. that is all for me. it's back to the main news with gene otani. gene. >> japanese media report is casting doubt on chinese claims to the senkaku islands in the east china sea. chinese government recognized the islands as part of japan in a document more than 60 years ago. the wire service obtained a copy of a draft outline on territorial issues for a peace treaty with japan. the draft was produced in 1950. the document refers to the islands by their names senkaku islands not their chinese name. the article says the document contains descriptions recognizing them as part of what is now okinawa. chinese leaders have referred to the islands by their chinese nam

the new government plans to immediately compile a budget for fiscal twefrmt the ruling liberal democratic party vows to place importance on public works project he is, which would make the nation's ground stronger against disasters. introduction and promotion of renewable energy is also a pledge to go ahead with these policies, the government will have to continue issuing bonds, as no major increase in tax revenues can be expected. >>> u.s. lawmakers will resume budget talks as the year-end deadline for the fiscal cliff looms. u.s. president barack obama is cutting short his christmas holiday to carry on the negotiations to avert drastic budget cuts and tax increases. obama is scheduled to return to washington on thursday in time to restart talks. the u.s. president is asking congressional executives to compile a compromise plan that features continued tax cuts for the middle class. that represents a shift in his policy that called for higher taxes on the wealthy, along with measures to cut the fiscal deficit. talks between democrats and republicans came to a standstill last week. a deal still

investors bought the dollar against the yen after liberal democratic party leader shinzo abe said his new government may reach an agreement with japan's central bank on an inflation target. there is speculation the central bank may come under further pressure for monetary easing measures. the dollar/yen is currently trading at 84.82 to 85. >> catherine, the incoming leader abe has even mentioned revising the bank of japan law which adds more pressure onto the central bank of japan. now, a bit of background, the boj decided last week to extend its asset purchase program by 10 trillion yen, but many investors think the bank needs to do more, still. let's go to ramin mellegard who is at the tokyo stock exchange to get a check on how all of this is affecting tokyo markets. ramin, good morning. >> good morning to you. markets really keeping a close eye on the weaker yen here, and if it's going to weaken further, in fact, and really that's been leading to the gains in stocks that we've been seeing. i also need to keep an eye on the developments of the u.s. fiscal cliff and whether that's go

the liberal democratic party which ruled japan for 50 years before being dumped in 2009 is forecast to win two-thirds of the parliament. >> as results come income in japanese politics are taking a shift to the right, bringing this former prime minister back into the spotlight. expected to become his country's eighth prime minister in over six years, his conservative ldp party is predicted to take two- thirds of the season japan's lower house in conjunction with the junior coalition partner. >> people probably came back to the party that they were familiar with. also, i would like to point out that ldp is an old party tradition. >> for many, it was the state of the economy that influenced them at the polling stations. >> restoring the economy is the most important issue and the ldp can be trusted to do that. >> this woman also took ldp. the country must stand up for itself and be strong, she said, echoing the views of many in japan that the ldp will restore national pride. this election is a dramatic defeat for prime minister yoshi hikunoda. and the emerging as a major force in national

liberal democratic party leader shinzo abe has laid out terms of a coalition with new komeito leader natsuo yamaguchi. abe is set on wednesday to be named japan's new prime minister. the two leaders will try to combat the economic malaise with a large supplementary budget for the fiscal year ending in march. they plan to implement new energy policies and the leaders agreed to encourage a national debate on revising the constitution. abe has prepared to take the reins by filling the ldp's top positions. masahiko komura and shigeru ishiba retained their posts. consumer affairs minister seiko noda as head of the party's general council. and sanae takaichi will change her focus from public relations to become the policy chief. cabinet ministers are falling into place. he selected longtime ally fumio kishida as foreign minister. he served as minister in charge of okinawa and the northern territories. analysts say that he chose him for his experience. the new foreign minister will have to deal with the relocation of the futenma air station in okinawa. abe is pressuring the bank of japan ag

. 20% say the leader of the governing democratic party yoshihiko noda, who is currently prime minister. 25% say the leader of the main opposition liberal democratic party, shinzo abe. 49% say neither. our poll also suggests the approval rating for noda's cabinet has hit a record low of 21%. that's down one percentage point from a survey taken a week ago. the disapproval rating fell by two percentage points to 62%. many of the people we spoke to seemed eager to cast ballots on december 16th. 88% told nhk they would go out to vote. >>> new auto sales in japan fell in november for a third straight month, but the pace of decline was so slow that it was almost flat. industry groups said on monday that 393,000 cars, trucks, and buses were sold in the country last month. that's down 0.4% from a year earlier. many vehicle sales rose 4.6%, but larger vehicles posted a drop of 3.3%. the decline is attributed to the end of the government subsidies for buyers of fuel-efficient vehicles in september. honda motors sales were up 22.5%. that's due to brisk sales of its new mini car. toyota motor saw its sales increase 1.5%. while nissan motor suffered